What is his marginal rate

Assignment Help Accounting Basics
Reference no: EM132589051

Question - Chuck a single taxpayer earns 86000 in taxable income and 20000 in interest from an investment in city of health and bonds use the US tax rate schedule requirements. What is his marginal rate if he had 53,000 of additional deductions?

Reference no: EM132589051

Questions Cloud

Taxes : Identify one tax (other than federal personal income tax) you pay and one benefit you utilize that is funded by tax dollars.
Prepare Brooks inventory budget : Brooks's target ending inventory is $20,000 plus 50% of next month's cost of goods sold. Prepare Brooks's inventory, purchases, and cost of goods sold budget
Would this be considered taxable : Bob's father paid $7,000 for the stock in 2011. Would this be considered taxable if it is an inheritance of stock
What amount of revenue is recognized on the contract : On July 1, 20x1, Contractor Co. enters into a contract with a customer for the construction of a building. What amount of revenue is recognized on the contract
What is his marginal rate : Chuck a single taxpayer earns 86000 in taxable income and 20000 in interest from an investment in city of health, What is his marginal rate
Is there a loss or gain : Her mother gave Cathy the stock on November 15, 2017 when the fair market value was $9,400? Is there a loss or gain
Sales and operations planning in supply chain integration : How do sales and operations planning in supply chain integration impact the company overall?
What will her investment be worth at the end : Question - Sabina plans to invest $175 at the end of every month for the next 8.25 years. What will her investment be worth at the end of the 8.25 year period
What would happen to the investor decision : Question - In terms of taxable versus non-taxable bonds, what would happen to the investor's decision if he/she had a lower income

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd